# POSCO Future M wins 30.3 trillion won cathode supply deal from LG Energy Solution

POSCO Future M has won a 30.3 trillion won (US$22.6 billion) order to supply high-nickel cathodes to LG Energy Solution over seven years, from 2023 to 2029.

- Type: Contract
- Announced: 2023-04-26
- Value: $22.6B (30259.5B KRW)
- Status: announced
- Products: high-nickel NCA cathodes, high-nickel NCMA cathodes
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LG Energy Solution](https://endata.com/companies/11181.md) (customer)
- [POSCO Future M](https://endata.com/companies/69225.md) (supplier)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20230426005900320), 2023-04-26: "The deal calls for POSCO Future M to provide LG Energy Solution with high-nickel cathodes over the next seven years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.